Davie Analyzes BTC and ETH Market Dynamics

According to Twitter user Davie, BTC is currently facing significant resistance in the range of 79,000 to 79,300, with key support below at 78,000 to 78,200. If it falls below 78,000, it may continue to drop to 77,600 and 77,000. ETH is relatively strong; if BTC stabilizes, it is recommended to prioritize long positions in ETH. The resistance for ETH is at 2,485 to 2,490, with support at 2,455 and 2,435. If it breaks below 2,435, it may continue to drop to 2,400 and 2,380. Additionally, Davie has shorted ETHUSDT on the Bitget platform with 150x leverage, achieving a return of 122.53%, with an average entry price of $2,464.98 and the current price at $2,445.11. Meanwhile, on the Gate platform, they shorted ETHUSDT with 200x leverage, yielding a return of 143.84%, with an average entry price of $2,464.41 and the latest price at $2,444.18.

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